OFF MARKET

Off market dec 2024 for $177K

$268,974

Est. refi paymentEst. refi $1,197/mo

•

— ba

•

3,278

sq ft

3-5 State St, Penns Grove, NJ 08069

About this home

Welcome to 3-5 State Street. The owner is an investor and has never been to the property. Owner and agent makes no guarantees. Add this to your portfolio today. Duplex with a 3 bed and a 4 bed. Unit 3 is a three bed unit rented out MTM for $1,145 per month. Unit 5 is a four bed rented out for $1,350 on a MTM. Tenants are all up to date. $2,495 in rent roll. This can also be bought as a package with 24-26 State St Penns Grove NJ. Inquire about that if interested.

Multi-familyProperty Type

1915Year Built

7,148 sq ftLot Size

$82Est. Price/Sq.Ft.

Listed by John Rinick • Tesla Realty Group LLC

•844-837-5274 (broker)

•bob.kalatschinow@teslarealtygroup.com (broker)

Bought with John Rinick • Tesla Realty Group LLC

•844-837-5274 (broker)

•bob.kalatschinow@teslarealtygroup.com (broker)

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #NJSA2012502

Redfin Estimate

$268,974

$91K since sold in December 2024$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18% higher than the average sale price ($228K) of 5 comparable homes.

SOLD FEB 6, 2026
$359,900
A
5 beds2.5 baths2,328 sq ft
106 S Broad St, Penns Grove, NJ 08069
SOLD JUN 26, 2026
$247,000
B
4 beds2 baths1,984 sq ft
6 W Griffith St, Penns Grove, NJ 08069
SOLD SEP 8, 2026
$90,000
C
4 beds2 baths1,512 sq ft
93 W Pitman St, Penns Grove, NJ 08069
SOLD AUG 10, 2026
$175,000
D
3 beds1 bath1,498 sq ft
39 Franklin St, Penns Grove, NJ 08069
SOLD SEP 10, 2026
$267,800
E
4 beds1.5 baths1,344 sq ft
261 B St, Carneys Point, NJ 08069

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Earn from this home

Sell

$114,450

Est. take-home

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Refinance

Est. cash available

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Market trends in 08069, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

1.3% MoM

Median sale price

$250K

$7K MoM

Avg. days on market

37d

18 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 26 HRS AGO
$349,000
4 beds2 baths1,750 sq ft
362 Erie Ave, Carneys Point, NJ 08069
(855) 885-4663
NEW 27 HRS AGO
$249,900
4 beds1 bath1,142 sq ft
412 Manor Ave, Carneys Point, NJ 08069
(856) 214-2639
$485,000
3 beds2 baths2,334 sq ft
38 Granite Ln, Carneys Point, NJ 08069
(856) 241-4343
OPEN SUN, 2PM TO 4PM
$425,000
4 beds2.5 baths2,660 sq ft
133 Howard St, Carneys Point, NJ 08069
(732) 523-0757
COMING SOON
$259,900
4 beds1.5 baths1,732 sq ft
266 C St, Carneys Point, NJ 08069
(856) 241-4343
$195,000
2 beds1.5 baths1,050 sq ft
127 N Broad St, Penns Grove, NJ 08069
(609) 459-5100
See all

Provided by Redfin

Sale history for 3-5 State St

Date

Event

Price

Public Records

Dec 11, 2024

Sold

$177,500

$54/sq ft

BRIGHT MLS #NJSA2012502

Dec 5, 2024

Price Changed

$177,500

$54/sq ft

Dec 4, 2024

Sold

$177,500

$54/sq ft

Nov 25, 2024

Pending

—

Oct 9, 2024

Listed

$225,000

$69/sq ft

Public Records

Sep 25, 2024

Sold

$120,000

$37/sq ft

Public Records

Jun 13, 2018

Sold

$85,000

$26/sq ft

BRIGHT MLS #1000241420

Apr 20, 2018

Sold

$85,000

$26/sq ft

Apr 7, 2018

Pending

—

Apr 6, 2018

Sold

$85,000

$26/sq ft

Mar 26, 2018

Pending

—

Mar 7, 2018

Listed

$123,900

$38/sq ft

LOOKING FOR AN INVESTMENT? Look no further - this one could pay for itself! Side-by-side twin hosts two 3 BR/1 BA units, has large rooms and with newer roof and newer siding. Each side comes with a LR, DR and KIT on the main floor. Second floor shows 3 BRs and 1 BA. Third floor c/b used for storage. Rent both units and let your tenants pay the mortgage. Unit 1 currently rents for $1,125 - HUD pays $713; Unit 2 currently rents for $1,175 - HUD pays $1,164. This property is being sold in "As-Is" condition. Put us on your viewing list INVESTOR ALERT: Multiple properties listed - packages available for you!

BRIGHT MLS #1000372661

Mar 7, 2018

Listing Removed

—

Mar 31, 2016

Listed

$123,900

$38/sq ft

BRIGHT MLS #1007867722

Apr 7, 2016

Listing Removed

—

Jul 6, 2015

Listed

$125,900

$38/sq ft

BRIGHT MLS #1007258698

Dec 31, 2013

Listing Removed

—

Dec 30, 2012

Listed

$125,900

$38/sq ft

Public Records

Jan 6, 2006

Sold

$71,000

$22/sq ft

BRIGHT MLS #NJSA107314

Dec 9, 2005

Listing Removed

—

Oct 7, 2005

Listed

$71,000

$22/sq ft

BRIGHT MLS #NJSA119706

Apr 30, 2001

Listing Removed

—

Feb 25, 1999

Listed

$59,900

$18/sq ft

Public Records

Jul 2, 1993

Sold

$42,500

$13/sq ft

Public Records

May 11, 1992

Sold

$59,500

$18/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,598 (+1.9%)

$15,000 + $101,800

$116,800

2024

$6,478 (+3.5%)

$15,000 + $101,800

$116,800

2023

$6,260 (+3.7%)

$15,000 + $101,800

$116,800

2022

$6,035 (+4.5%)

$15,000 + $101,800

$116,800

2021

$5,775 (−1.3%)

$15,000 + $101,800

$116,800

2020

$5,851 (−0.4%)

$15,000 + $101,800

$116,800

2019

$5,875 (−0.5%)

$15,000 + $101,800

$116,800

2018

$5,906 (−0.3%)

$15,000 + $101,800

$116,800

2017

$5,926 (+3.9%)

$20,800 + $125,600

$146,400

2016

$5,702 (+5.6%)

$20,800 + $125,600

$146,400

2014

$5,402 (+0.5%)

$20,800 + $125,600

$146,400

2013

$5,374 (+2.4%)

$20,800 + $125,600

$146,400

2012

$5,250 (+2.0%)

$20,800 + $125,600

$146,400

2011

$5,146 (+4.5%)

$20,800 + $125,600

$146,400

2010

$4,923 (+4.5%)

$20,800 + $125,600

$146,400

2009

$4,711

$20,800 + $125,600

$146,400

Tax history for 3-5 State St

Year

Property tax

Land + Additions

Assessment*

2025

$6,598 (+1.9%)

$15,000 + $101,800

$116,800

2024

$6,478 (+3.5%)

$15,000 + $101,800

$116,800

2023

$6,260 (+3.7%)

$15,000 + $101,800

$116,800

2022

$6,035 (+4.5%)

$15,000 + $101,800

$116,800

2021

$5,775 (−1.3%)

$15,000 + $101,800

$116,800

2020

$5,851 (−0.4%)

$15,000 + $101,800

$116,800

2019

$5,875 (−0.5%)

$15,000 + $101,800

$116,800

2018

$5,906 (−0.3%)

$15,000 + $101,800

$116,800

2017

$5,926 (+3.9%)

$20,800 + $125,600

$146,400

2016

$5,702 (+5.6%)

$20,800 + $125,600

$146,400

2014

$5,402 (+0.5%)

$20,800 + $125,600

$146,400

2013

$5,374 (+2.4%)

$20,800 + $125,600

$146,400

2012

$5,250 (+2.0%)

$20,800 + $125,600

$146,400

2011

$5,146 (+4.5%)

$20,800 + $125,600

$146,400

2010

$4,923 (+4.5%)

$20,800 + $125,600

$146,400

2009

$4,711

$20,800 + $125,600

$146,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

50 ft.

Lot depth

143 ft.

Lot size

7,148 Sq. Ft.

Year renovated

—

Sq. Ft.

3,278

Year built

1915

Style

Single Family Residential

County

Salem County

APN

0800064 00023

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 4, 2026.

COS

Commercial, Office, Service District

The purpose and intent of this district is to provide areas for modern office, retail, specialty, personal service, business uses and civic offices and uses in areas where said uses already exist and to promote the development of this district as a Borough core, encouraging coordinated efforts to meet circulation and parking needs to provide for the public convenience and to fulfill the other broad purposes of this chapter.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Day care facility
General retail
Restaurant
Mixed use
Office
Educational/school
Recreation
Death related/funeral home

Property details

Parking

Parking Information
On Street, Driveway

Interior

Interior Information
Living Area Sq.Ft. Source: Assessor

Basement Information
Basement: Yes
Other

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $101,800
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
# of Units (Total): 2
Construction Materials: Block, Concrete, CPVC/PVC, Stucco, Vinyl Siding
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Roof: Shingle
Structure Type: Detached

Lot Information
Lot Size Dimensions: 50.00 x 143.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $15,000

Above Grade Information
Finished Sq.Ft.: 3,278
Finished Sq.Ft. Source: Assessor

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $116,800
Tax Year: 2023
Tax Annual Amount: $6,260

Assessments Information
Year Assessed: 2023

Rental Information
Total Actual Rent: $29,000

Utilities

Utilities Information
Forced Air
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public

Location

Multi Unit Information
# of Three Bedroom Units: 2
# of Units Leased: 2

School Information
School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS
School District Source: Listing Agent

Location Information
Directions: gps
Municipality: PENNS GROVE BORO

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,278
Stories: —
Lot Size: 7,148 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: —
County: Salem County
APN: 0800064 00023

Home facts updated by county records on May 4, 2026

Around this home

Schools

Field Street Elementary School

Public 1-3 • Assigned • 0.6mi

2/10

Penns Grove Middle School

Public 6-8 • Assigned • 0.7mi

3/10

Penns Grove High School

Public 9-12 • Assigned • 1.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 104° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Penns Grove, NJ • 08069

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$256,000 – $310,000

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New listings for sale in 08069

NEW 26 HRS AGO

$349,000

4 beds2 baths1,750 sq ft

362 Erie Ave, Carneys Point, NJ 08069

(855) 885-4663

NEW 27 HRS AGO

$249,900

4 beds1 bath1,142 sq ft

412 Manor Ave, Carneys Point, NJ 08069

(856) 214-2639

$485,000

3 beds2 baths2,334 sq ft

38 Granite Ln, Carneys Point, NJ 08069

(856) 241-4343

OPEN SUN, 2PM TO 4PM

$425,000

4 beds2.5 baths2,660 sq ft

133 Howard St, Carneys Point, NJ 08069

(732) 523-0757

COMING SOON

$259,900

4 beds1.5 baths1,732 sq ft

266 C St, Carneys Point, NJ 08069

(856) 241-4343

$195,000

2 beds1.5 baths1,050 sq ft

127 N Broad St, Penns Grove, NJ 08069

(609) 459-5100

Home values near 3-5 State St

Data from public records.

Address	Redfin Estimate
11 State St, Penns Grove, NJ 3 Beds \| 1 Baths \| 1260 Sq. Ft.	$156,830
14 State St, Penns Grove, NJ - Beds \| - Baths \| 2190 Sq. Ft.	$257,311

Address	Redfin Estimate
20 State St, Penns Grove, NJ 4 Beds \| 2 Baths \| 1995 Sq. Ft.	$248,826
26 State St, Penns Grove, NJ 4 Beds \| - Baths \| 3360 Sq. Ft.	$355,584

Address	Redfin Estimate
16 State St, Penns Grove, NJ 3 Beds \| 2 Baths \| 2264 Sq. Ft.	$277,481
5 State St, Penns Grove, NJ 6 Beds \| 3 Baths \| 1388 Sq. Ft.	$304,125

Property information provided by BRIGHT MLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08069, NJ

Sale history for 3-5 State St

Tax history for 3-5 State St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08069

Home values near 3-5 State St

More real estate resources